EIG filed a complaint with a Californian federal court in August in an attempt to stop Carlyle gaining access to privileged data held in partnership between EIG and TCW.
That joint venture was set up when EIG spun-out from TCW early last year to act as a clearing house for sharing some of the economics of the firm’s funds.
TCW now plans to submit additional evidence to an LA judge in an attempt to keep the deal alive, according to Reuters, which said the judge was leaning towards EIG in the matter.
EIG chief executive R Blair Thomas previously said in an interview with the agency that the firm’s objection was only because Carlyle was such a big player in the sector, adding that a takeover from a more generalist firm would have caused no problem.
He said, “We have no beef with Carlyle, it’s not their fault that they are a competitor.
“But the joint venture with TCW obligates us to provide to them EIG fund and asset level data, more than what our limited partners see, they would get to see everything.”
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